Restaurant Brands International (QSR) Operating Leases (2013 - 2026)
Restaurant Brands International's (QSR) quarterly Operating Leases came in at $1.9 billion in Q2 2026, up 3.98% year-over-year from $1.8 billion in Q2 2025, and little changed quarter-over-quarter from $1.9 billion in Q1 2026.
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Analysis
Restaurant Brands International (QSR) Operating Leases (2013 - 2026) Analysis & Trends
Restaurant Brands International (QSR) has reported Operating Leases for 14 consecutive years, with $1.9 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Leases rose 3.98% year-over-year to $1.9 billion in Q2 2026; TTM through Jun 2026 was $1.9 billion, a 3.98% increase from a year earlier, with the FY2025 full-year figure at $1.9 billion, up 7.34% from the prior year.
- Operating Leases was $1.9 billion for Q2 2026 at Restaurant Brands International, roughly flat from $1.9 billion in the prior quarter.
- Over five years, Operating Leases peaked at $1.9 billion in Q1 2026 and troughed at $1.0 billion in Q3 2022.
- A 5-year average of $1.4 billion and a median of $1.4 billion in 2024 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases fell 5.12% in 2023 and surged 76.97% in 2024, its largest moves.
- Over 5 years, Operating Leases stood at $1.0 billion in 2022, then increased by 3.12% to $1.1 billion in 2023, then soared by 67.14% to $1.8 billion in 2024, then rose by 7.34% to $1.9 billion in 2025, then gained by 0.42% to $1.9 billion in 2026.
- The last three Operating Leases figures came in at $1.9 billion (Q2 2026), $1.9 billion (Q1 2026), and $1.9 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Mcdonalds | 168.67 Bn | 167.85 Bn | 6.42 Bn |
| 2 | Starbucks | 107.32 Bn | 103.72 Bn | 6.49 Bn |
| 3 | Chipotle Mexican Grill | 41.40 Bn | 40.73 Bn | 2.35 Bn |
| 4 | Yum Brands | 38.39 Bn | 37.72 Bn | 1.47 Bn |
| 5 | Restaurant Brands International | 25.02 Bn | 25.51 Bn | 1.89 Bn |
| 6 | Darden Restaurants | 24.39 Bn | 24.17 Bn | 3.68 Bn |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 15.95 Bn | 1.89 Bn |
| 8 | Yum China Holdings | 14.09 Bn | 13.41 Bn | 2.22 Bn |
| 9 | Texas Roadhouse | 10.81 Bn | 10.63 Bn | 1.44 Bn |
| 10 | Dominos Pizza | 9.81 Bn | 9.60 Bn | 478.23 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.91 Bn |
| Mar 31, 2026 | 1.92 Bn |
| Dec 31, 2025 | 1.90 Bn |
| Sep 30, 2025 | 1.84 Bn |
| Jun 30, 2025 | 1.84 Bn |
| Mar 31, 2025 | 1.78 Bn |
| Dec 31, 2024 | 1.77 Bn |
| Sep 30, 2024 | 1.78 Bn |
| Jun 30, 2024 | 1.77 Bn |
| Mar 31, 2024 | 1.08 Bn |
| Dec 31, 2023 | 1.06 Bn |
| Sep 30, 2023 | 1.00 Bn |
| Jun 30, 2023 | 1.04 Bn |
| Mar 31, 2023 | 1.02 Bn |
| Dec 31, 2022 | 1.03 Bn |
| Sep 30, 2022 | 1.00 Bn |
| Jun 30, 2022 | 1.05 Bn |
| Mar 31, 2022 | 1.07 Bn |
| Dec 31, 2021 | 1.07 Bn |
| Sep 30, 2021 | 1.06 Bn |
API Access
Restaurant Brands International Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=QSR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "QSR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=QSR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();